LaSalle Investment Management has appointed Pinnacle Group to manage 80 temporary accommodations at 79 Newman Street in Fitzrovia, London W1.

Pinnacle started providing property management services to the scheme from 1 October 2021. which provides.

There are 84 bed spaces within 80 separate apartments. Each apartment is self-contained and includes a private bathroom and kitchenette.

As managing agent, Pinnacle delivers full management and maintenance services including 24/7 onsite provision. After a competitive process, Pinnacle was awarded a 3 and a half-year contract with possible extensions.

In support of LaSalle and Pinnacle’s strong ESG credentials, Pinnacle has committed to meet specific sustainability targets, in both the supply of data and information, along with identifying opportunities to improve the environmental impact of the scheme.

During the duration of the contract Pinnacle will be working closely with homeless charity, The Passage, to support residents into transitioning into permanent accommodation and sustaining tenancies successfully.

James Hart, Asset Manager at LaSalle Investment Management commented: “We are delighted to be working with Pinnacle Group and look forward to developing our relationship with one of the UK’s leading housing managers.”

Ollie Miller, Director at Pinnacle Group said: “We’re delighted to have been successful in our tender for the management of Newman Street in the heart of Westminster. This latest win gives us an exciting opportunity to build a long-term preferred supplier relationship with a new blue-chip client in the case of LaSalle. It also allows us to continue to provide vital management services to the residents of Westminster City Council; a role we have been fulfilling for over 25 years.”

See the track record for Pinnacle Group on Buildington.